Paper Details

Name: Priyanka Chhibber & Mayank Chopra
Country: India

Year: 2018
Volume: Volume-5, Issue-1 (January-June)
Page Number: 11-18

Introduction
India and its manpower is again at the center stage of the world. This time though, it‟s not a predicament, but it is the source of hope to the so called „aging‟ developed nations. With an expected population of 1.3 billion by 2020, 60% of which would be in the working age group (15-59 years) India is the powerhouse of the coming decade. According to a research by Boston Consulting Group, estimate is that by 2020 India will have a surplus of active
population - about 47 million people. Reference: Potential population is calculated as the number of people in the working age group (15-59 years) that each country will either be in shortage of or will have a surplus in
2020 assuming the ratio of working population to total population needs to remain constant to sustain current levels of economic growth. Source: U.S. Census Bureau BCG Analysis. The Boston Consulting Group (reference: The India skill report 2014)